23,996 sqft

$4,753,000

20321 and 20323 E Hwy 412 Highway, Springdale AR, 72764

Price per sqft$198.07

Built in2024

Property size23,996 sqft

Property typeCommercial

Overview

Active

Listed Jul 21, 2026

Updated Jul 29

Two multi tenant NNN flex space centers in east Springdale, Arkansas is available for acquisition. The two buildings each total 11,998 square feet (23,996 SF in total) and combined are currently 84% leased, with four suites available for lease up. All tenants operate under NNN leases with minimal landlord responsibilities. The current rent is $279,660 with 19 tenants but there is a potential rent of $333,660, if the 4 vacant units are filled at their listed rates. The adjusted NOI is $320,844, when considering the vacant units. The site spans 5 acres and sits along Highway 412 with approximately 19,000 vehicles per day.

Other Property Details

Taxes: $13,711
Tax Frequency: Annually

Courtesy of Black Diamond Mergers & Acquisitions, LLC, Christian Baldwin

Listing Contact: 479-685-5696

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of the Cooperative Arkansas REALTORS Multiple Listing Services. Real estate listings, held by brokerage firms other than Jeff Kennedy, are marked with the Broker ReciprocitySM logo, and information about them includes the name of the listing brokers. The IDX information is provided exclusively for consumers’ personal, non-commercial use that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The broker operating this web site believes the data here to be correct but advises interested parties to confirm them before relying on them in a purchase decision. Neither listing broker(s) nor Jeff Kennedy shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.

Data last updated 7/29/2026, 2:47 AM UTC.